A new joint initiative from Hays, the recruitment specialist, and FinTech Scotland, the fintech cluster management organisation, has been launched in a move to highlight candidate skills and experience directly to Scotland’s many emerging fintechs.
Instead of employers advertising job vacancies and candidates submitting their credentials to apply, the new “FinTech Talent” platform will enable professionals to showcase their skills to the over 220 fintech companies in Scotland and be subsequently matched to suitable opportunities.
Interested professionals can register through the FinTech Scotland website, where they will be invited to upload their CV. An AI process will then search and match CVs to specific vacancies, recommending candidates to employers which they can then review.
The initiative is being launched as part of the Scotland Fintech Festival, with a programme of events, workshops, networking, and conferences being held across Scotland.
“The Scottish fintech community is thriving and has seen the number of fintech companies grow from 26 in 2018 to more than 220 today” said Justin Black, business director of Hays Technology Scotland.
“The sector is expected to create over 15,000 new jobs by 2025. As a strategic partner with FinTech Scotland, we’ve created this talent community to position potential candidates in front of fintech employers to fill this need in as efficient a way as possible.”
FinTech Scotland itself supports a cluster of over 220 fintech businesses of various sizes, as well as large established financial institutions, regulators, universities, citizen groups, technology and professional services firms, and government bodies. In 2022, Scottish fintechs received over £305m in funding, an increase of over 200% on the previous year.
“We are really excited about the launch of the new ‘FinTech Talent’ platform. In collaboration with Hays, this initiative will seek to support Scotland’s dynamic fintech community at a time when the global skills gap continues to grow,” commented Nicola Anderson, FinTech Scotland’s CEO.
“As we unveil this innovative solution during Scotland Fintech Festival, we’re thrilled to empower professionals on their career journeys and help them find their perfect fintech match. It’s an important development for both candidates and the fintech industry.”